Dumping SantanderAn exceptionally astute move by Trevali.
In June/2021, the MD&A had Santander scheduled to close in less than a year...low grades,high costs.
Since then, a government change in Peru has made doing business there even more untenable.
So receiving cash,shares,residuals(if any) at this time is effing brilliant.
I think the full effect of this transaction will be fully understood in 3 days. Look for major news out of Caribou.